The publication of the Financial Inclusion Strategy is welcome. It identifies many of the areas in which people experience financial exclusion. Informed witnesses broadly supported those areas of focus. Unlike HM Treasury’s 2004 publication, however, the Strategy does not yet bring together the evidence needed to show who is excluded, where exclusion is concentrated, which products and services people are excluded from, and why. Without that, the government cannot know whether its interventions are the right ones and whether they are targeted at the people who need them most. (Conclusion, Paragraph 16)